These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000
Publishing timestamp: 2023-12-31 20:12:27
Summary
Commentators have given various price predictions for bitcoin in 2024, ranging from $60,000 to $500,000. The predictions are based on factors such as the bitcoin "halving" event and the potential approval of a bitcoin exchange-traded fund in the U.S. The article also mentions the past challenges faced by FTX and Binance, but industry executives are optimistic about the future of the cryptocurrency market.
Sentiment: MIXED
Tickers: BTC.CM=,
Keywords: markets, business news, technology, bitcoin, bitcoin/usd coin metrics, cryptocurrency, internet, cryptocurrency exchanges, fintech, exchange-traded funds, united states,
Source: https://www.cnbc.com/2024/01/01/bitcoin-btc-price-predicitions-for-2024.html